Sentences with phrase «per qualified beneficiary»
In 2015, a single filer can claim a 5 percent tax credit on contributions up to $ 1,900, for a maximum of $ 95 per qualified beneficiary.
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Married couples filing jointly can claim a 5 percent credit on contributions up to $ 3,800, for a maximum of $ 190 per qualified beneficiary.
Spouses and grantor trusts filing jointly can claim a 5 percent tax credit on contributions up to $ 3,840, for a maximum of $ 192 per qualified beneficiary.
Utah State Income Tax Benefit Amounts You may claim the 2015 tax credit or deduction on contributions up to the following amounts per qualified beneficiary:
Not exact matches
Although the assets may come from multiple 529 accounts, the $ 10,000 qualified withdrawal limit will be aggregated on a per beneficiary basis.
The maximum amount of CDSG a beneficiary can qualify for is $ 3,500 per year and up to $ 70,000 over a beneficiary's lifetime.
Qualified withdrawals are now free of federal tax and most plans let you save in excess of $ 200,000 per beneficiary.